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Raksha Bandhan bank holiday: Are banks closed on August 30 or 31? Check city-wise list here

Raksha Bandhan 2023 bank holidays: Key dates and information you should be aware of.

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Raksha Bandhan bank holiday: Are banks closed on August 30 or 31? Check city-wise list here
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Raksha Bandhan, a beloved Hindu festival observed across India and other parts of the world, holds immense significance. This year, on August 30 and August 31, several cities are set to observe a bank holiday in honor of Raksha Bandhan.

Cities like Jaipur, Shimla, Dehradun, Gangtok, Kanpur, Kochi, Lucknow, and Thiruvananthapuram are among those where banks will remain closed on these dates.

Here's what you need to know about the bank holiday during Raksha Bandhan:

• As per the Reserve Bank of India's holiday list, most private and public sector banks in India will be closed on August 30 and August 31 to observe Raksha Bandhan.

• It's crucial to double-check your bank's closure schedule before visiting a branch to ensure seamless banking services.

• On August 30, banks in Srinagar and Jaipur will remain closed.

• On August 31, banks in Thiruvananthapuram, Gangtok, Lucknow, Kanpur, Dehradun, and Kochi will be closed.

August encompasses a total of 14 bank holidays, varying by state. These include weekends and various festivals. Banks remain closed on significant national holidays like Republic Day, Independence Day, Gandhi Jayanti, and Christmas Day. Festivals like Diwali, Christmas, Eid, Guru Nanak Jayanthi, and Good Friday also prompt bank closures.

Keep in mind that most banking activities, both financial and non-financial, can be conveniently managed through net banking, mobile banking, or Whatsapp banking. Make sure you're registered for these services to access your banking needs during this period.

Regularly check the bank holiday list for updates and cross-reference it with the Reserve Bank of India's official website for accurate information.

Please note: This information is subject to change, so stay updated to ensure a smooth banking experience.

Read more: Want to check your NPS account balance from home? Here's how you can do it

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